Comment on As a long-time user hearing YouTube wants to play ads when I pause a video
AllonzeeLV@lemmy.world 6 months ago
Capitalists don’t care about making quality products/services.
They care about squeezing more profit out of you as time goes on.
Anyolduser@lemmynsfw.com 6 months ago
Bad capitalists, yes. The trend of “maximize profit this quarter at the expense of everything else” is a recent (meaning a few decades old) idea.
Once upon a time the boards of publicly traded companies could think long term and sacrifice short term gains without getting fired by shareholders. When a large firm prioritizes long term success efficiency still matters but so do things like building reputation through quality and retaining talent - the things sorely missing from publicly traded firms today.
Telodzrum@lemmy.world 6 months ago
The commodification of securities has been one of the most ruinous trends in human history.
unreasonabro@lemmy.world 6 months ago
There are only bad capitalists now, the good ones have been eaten.